Solana

October 31, 2023

Sam Bankman-Fried's Testimony Reveals Surprising Solana Investment Strategy

Aria Mitchell
Written byAria MitchellWriter
Researched byNikos PapadopoulosResearcher

Sam Bankman-Fried testified at his fraud and conspiracy trial that he started buying Solana's SOL cryptocurrency at 20 cents using 'Alameda Profits.' He believed that the funds came from Alameda's operating profits, as well as third-party lenders.

Sam Bankman-Fried's Testimony Reveals Surprising Solana Investment Strategy
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Aria Mitchell
Aria Mitchell
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From Rotorua's scenic landscapes, Aria Mitchell shines as New Zealand's leading expert in localizing online casino content. Marrying Kiwi essence with global gaming insights, she's the name trusted nationwide.

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